Cannabis is not a good long term play.
Cannabis is not a good long term play.
I strongly disagree
I strongly disagree
The problem is that cannabis is dirt cheap when you take out the black market limitations.
Border cities in the US are getting $40 per ounce as opposed to $400 that they're trying to get at dispensaries in Vegas.
While marketing will squeeze out extra profits, cheap hydro sells itself and will overcome designer brands.
I'll give the truly great growers their due. Great weed is difficult to produce.
However, good weed can be produced by any idiot and people aren't going to pay for the extra effort.
Something to think about, long term.
The problem is that cannabis is dirt cheap when you take out the black market limitations.
Border cities in the US are getting $40 per ounce as opposed to $400 that they're trying to get at dispensaries in Vegas.
While marketing will squeeze out extra profits, cheap hydro sells itself and will overcome designer brands.
I'll give the truly great growers their due. Great weed is difficult to produce.
However, good weed can be produced by any idiot and people aren't going to pay for the extra effort.
Something to think about, long term.
legitimate points. California is already seeing issues because they have taxed legal weed out of the market, people are returning to dealers.
legitimate points. California is already seeing issues because they have taxed legal weed out of the market, people are returning to dealers.
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